JPMorgan Chase & Co. (JPM) : Lodestar Investment Counselil scooped up 16,332 additional shares in JPMorgan Chase & Co. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 73,898 shares of JPMorgan Chase & Co. which is valued at $4,727,255.JPMorgan Chase & Co. makes up approximately 0.67% of Lodestar Investment Counselil’s portfolio.
JPMorgan Chase & Co. opened for trading at $63.86 and hit $64.64 on the upside on Wednesday, eventually ending the session at $64.11, with a gain of 0.28% or 0.18 points. The heightened volatility saw the trading volume jump to 1,52,84,125 shares. Company has a market cap of $235,301 M.
Other Hedge Funds, Including , Appleton Partners Incma boosted its stake in JPM in the latest quarter, The investment management firm added 3,751 additional shares and now holds a total of 167,934 shares of JPMorgan Chase & Co. which is valued at $10,742,738. JPMorgan Chase & Co. makes up approx 2.09% of Appleton Partners Incma’s portfolio.Firstmerit Bank N A Trustee boosted its stake in JPM in the latest quarter, The investment management firm added 4,768 additional shares and now holds a total of 271,006 shares of JPMorgan Chase & Co. which is valued at $17,336,254. JPMorgan Chase & Co. makes up approx 1.42% of Firstmerit Bank N A Trustee’s portfolio.Palisade Asset Management boosted its stake in JPM in the latest quarter, The investment management firm added 1,300 additional shares and now holds a total of 9,368 shares of JPMorgan Chase & Co. which is valued at $579,598. JPMorgan Chase & Co. makes up approx 0.11% of Palisade Asset Management’s portfolio. Train Babcock Advisors sold out all of its stake in JPM during the most recent quarter. The investment firm sold 3,250 shares of JPM which is valued $201,078.Chicago Trust Co Na reduced its stake in JPM by selling 11,590 shares or 15.46% in the most recent quarter. The Hedge Fund company now holds 63,382 shares of JPM which is valued at $3,688,832. JPMorgan Chase & Co. makes up approx 1.60% of Chicago Trust Co Na’s portfolio.
On the company’s financial health, JPMorgan Chase & Co. reported $1.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Apr 13, 2016. Analyst had a consensus of $1.26. The company had revenue of $23200.00 million for the quarter, compared to analysts expectations of $22874.02 million. The company’s revenue was down -3.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.45 EPS.
Many Wall Street Analysts have commented on JPMorgan Chase & Co.. JPMorgan Chase & Co. was Downgraded by Portales Partners to ” Underperform” on Feb 22, 2016. JPMorgan Chase & Co. was Downgraded by Nomura to ” Neutral” on Jan 25, 2016.
JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking financial services for consumers and small businesses commercial banking financial transaction processing and asset management. JPMorgan Chase’s activities are organized into four business segments. The Company’s Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through ATMs online mobile and telephone banking. The Corporate & Investment Bank comprising Banking and Markets & Investor Services offers investment banking market-making prime brokerage and treasury and securities products and services. The Commercial Banking (CB) segment delivers industry knowledge local expertise and service to the United States and the United States multinational clients. The Asset Management segment comprises investment and wealth management. The Company also operates a Corporate segment.